How it works
Making the most of your business expenses
Safe, secure and compliant
Enterprise-level security, small business friendly
At PayRewards, security runs quietly in the background to keep your business payments running. Our dedicated security team works around the clock, maintaining strict regulatory compliance and keeping your data protected, so you can make payments with confidence.
DATA PROTECTION
Protecting your business payment data
System security & logging
Our sophisticated security systems perform regular penetration tests to ensure our platform is protected against cyber threats.
Data encryption
All data is encrypted in transit, and stored encrypted at rest within the United States, in our secure AWS environment which meets the highest industry security standards.
ACCOUNT PROTECTION
Verifying your identity
We rigorously protect your business identity and sensitive information with multiple layers of security, including:
Identity and business verification
We collect limited information to confirm your identity and the legitimacy of your business. This data is securely stored and used solely for verification purposes.
Multi-Factor Authentication (MFA)
To ensure only you can access your account, every log in is secured by a Passkey, a rolling code from your preferred Authenticator app, or a one-time code sent to your mobile.
Session time-out
For your security, you'll be automatically signed out after a period of inactivity.
Keeping your payments secure
We've implemented comprehensive security measures to provide the utmost protection and security for your sensitive card, payment, and banking information.
Tokenized data
To protect your card information, we use tokenized data and never store your card numbers.
To protect your card information, we use tokenized data and never store your card numbers.
Fraud monitoring
We use extensive fraud monitoring systems and processes to detect fraudulent activity.
We use extensive fraud monitoring systems and processes to detect fraudulent activity.
Settlement Accounts
Authorized payments are held in dedicated settlement accounts with comprehensive security protocols in place.
Authorized payments are held in dedicated settlement accounts with comprehensive security protocols in place.
Payment method verification
To ensure secure and seamless transactions, we've incorporated advanced technology for bank account and card verification.
To ensure secure and seamless transactions, we've incorporated advanced technology for bank account and card verification.
a 4-minute demo